Juniper Green Energy Limited has emerged as the winning bidder for 230 MW in the e-reverse auction conducted by the Solar Energy Corporation of India (SECI) for its 1,000 MW Firm and Dispatchable Renewable Energy (FDRE) Round-the-Clock renewable energy tender. The company secured the capacity at a tariff of ₹5.26 per unit.
The Letter of Award (LOA) is expected to be issued within the timelines prescribed under the tender document. The project will be supported by a 25-year Power Purchase Agreement (PPA) with SECI, with the Scheduled Commercial Operation Date (SCOD) set at 24 months from the effective date of the PPA.
The project will expand Juniper Green Energy’s portfolio of FDRE and round-the-clock renewable energy projects. It will integrate solar, wind and Battery Energy Storage System (BESS) technologies to deliver firm and reliable renewable power.
Under the tender requirements, the project will have to meet specified Delivered Firm Round-the-Clock (DFR) commitments. These include a minimum of 90% delivery during designated peak hours, 50–60% during solar hours and 70% during non-solar, non-peak hours.
Juniper Green Energy said its integrated capabilities across solar, wind and battery storage will support consistent power delivery and strengthen its position in the emerging FDRE segment.
Ankush Malik, Whole Time Director and Chief Executive Officer, Juniper Green Energy, said the successful bid marks another milestone in the company’s development of large-scale renewable energy solutions designed to meet India’s evolving power requirements. He added that FDRE is becoming increasingly important for enabling round-the-clock clean power and supporting India’s energy transition.
Subscribe to get the latest posts sent to your email.
